Happy Women’s Pay: Generali Central Insurance pushes for structural change in gender pay equality
· The company reaffirms its position as an equal-pay employer, underscoring its belief that true celebration lies not in symbolism, but in structural fairness
Mumbai, March 5, 2026: Generali Central Insurance, a joint venture between global insurance major Generali and Central Bank of India, today announced the launch of its bold new campaign – ‘Happy Women’s Pay’ – positioning equal pay as the most meaningful way to honour the original spirit of International Women’s Day. The initiative reframes the traditional greeting, and places pay equity at the centre of corporate accountability.
Despite louder conversations on equality, global data shows women still earn less than men for comparable work — a gap that has even widened post-pandemic. Generali Central Insurance responds not with ceremonial gestures but with action, reaffirming its equal-pay commitment and underscoring that true celebration lies in structural fairness, not symbolism.
The campaign confronts a stark reality: India’s gender pay gap is about 35%, with women earning only 65% of men’s wages despite decades since the Equal Remuneration Act.1
Commenting on the initiative, Anup Rau, Managing Director & CEO, Generali Central Insurance Company Limited, said, “Sustainable businesses are built on fairness and trust for every stakeholder – employees, customers, partners and shareholders. Equal pay for equal work should not be an aspiration; it should be the norm. When organisations get this right, they don’t just address an equity issue, they build stronger teams and greater trust within the workplace – and beyond.
At Generali Central Insurance, we see pay parity as a basic test of whether we are living our values. Initiatives like Happy Women’s Pay are important because they push companies to look at the numbers honestly and ask themselves whether they are doing right, doing enough.”
Generali Central Insurance reframes Women’s Day with a single word: from Day to Pay. At its core is Happy Women’s Pay — a slam-poetry film voiced by 15 women, cutting through token gestures to demand fairness and dignity at work.
The campaign contrasts flowers and greetings with the deeper call for equal pay — not a one-day announcement, but a year-round commitment. Amplified across digital, social, print, and internal channels, it drives dialogue on pay transparency and equity.
By saying Happy Women’s Pay, GCI urges corporate India to move beyond celebration toward systemic change.
The campaign will be strategically promoted through a mix of Digital platforms and Out-of-Home (OOH) mediums, ensuring a broad and impactful presence that engages audiences both online and in physical spaces.
Watch Generali Central Insurance Company Limited’s “Happy Women’s Pay” – Slam Poetry here – (LINK)
About Generali Central Insurance Company Limited
Generali Central Insurance Company Limited (formerly known as Future Generali India Insurance Company Limited) is a strategic joint venture between two distinguished financial institutions: the Generali Group, a global insurance enterprise with 193 years of operational heritage holding a 74% majority stake, and the Central Bank of India, India's first commercial bank with 113 years of established banking excellence.
Established in 2006, the Company was set up with a clear mandate to offer retail, commercial, personal, and rural insurance solutions, enabling individuals and businesses to effectively manage and mitigate risks. Generali Central Insurance (GCI) broke even in FY 2013-14 - a landmark achievement in just six years of operations.
As of FY 2024-25, GCI maintains robust financial fundamentals with ₹7,938 crore of assets under management and Gross Written Premium of ₹5,547.5 crore. The Company has established itself as a formidable presence in India's insurance landscape, securing a position among the nation's top 10 private general insurance companies.
GCI has consistently demonstrated excellence in organisational culture and operational performance - receiving the ‘Great Place to Work’ certification seven times in a row. The Company has also earned numerous industry accolades including the Emvies Awards 2025, The Economic Times Brand Disruption Awards 2025, ET Trendies 2025, ET Now Global Innovation Network Awards, and the Di-Verse Certification for Disability Inclusion in 2025.
